Keynesian economics failed to deal successfully with _____.?

Keynesian economics failed to deal successfully with _____.?
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high inflation during the 1970s
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In contrast with classical economics, Keynesian economics _____.?

Description : In contrast with classical economics, Keynesian economics _____.?

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Description : The main emphasis of Keynesian economics is on - (1) Expenditure (2) Exchange (3) Foreign trade (4) Taxation

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The Keynesian productivity deal……… (a) called for the active intervention of the state to stimulate growth in productivity and output (b) linked increases in wages to increases in productivity so that wages and profits could both rise (c) linked increases in wages to increases in productivity so that wages and profits could both rise (d) all of the above

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Book recommendation on Keynesian economic theory?

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The Keynesian consumption function shows a relation between - (1) aggregate consumption and total population. (2) aggregate consumption and general price level. (3) aggregate consumption and aggregate income (4) aggregate consumption and interest rate

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n the simple Keynesian model investment is (a) Fixed. (b) A function of level of income. © Either fixed or a function of level of income. (d) None of the above.

Description : n the simple Keynesian model investment is (a) Fixed. (b) A function of level of income. © Either fixed or a function of level of income. (d) None of the above.

Last Answer : © Either fixed or a function of level of income.

n the simple Keynesian model consumption is a function of, (a) Rate of interest. (b) Level of income. © Price level. (d) None of the above.

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On the basis of the Keynesian model of output determination, a multiplier of 3 implies that (a) An increase in consumption by `3 will result in an increase in investment by Re. 1 (b) An increase in investment by Re. 1 will result in an increase in consumption by `3 (c) An increase in investment by Re. 1 will result in an increase in consumption by `2 (d) An increase in investment by Re. 1 will result in an increase in consumption by Re. 1

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The Keynesian consumption function shows a relation between (1) aggregate consumption and total population. (2) aggregate consumption and general price level. (3) aggregate consumption and aggregate income (4) aggregate consumption and interest rate

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According to Keynesian theory of income determination, at full employment, a fall in aggregate demand causes (1) a fall in prices of output and resources (2) a fall in real gross National product and employment (3) a rise in real gross National product and investment (4) a rise in prices of output and resources

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